Residential developer JRD enters Prague’s office market

12
May
2021
News - Residential developer JRD enters Prague’s office market #Czech Republic #development #JRD #office #Prague

by Property Forum | Office

Local residential developer JRD is entering the commercial segment. The company plans to build its first office project, Viadukt Anděl in Prague 5.


The seven-storey building on the corner of Nádražní and U Železničního mostu streets will offer almost 6,500 sqm of leasable space, of which 5,700 will be dedicated to offices and the rest will be shops or services. Viadukt Anděl will also offer co-working facilities in a shared meeting room for 40 people. The project is aiming to obtain a LEED Gold certificate. The design was created by Podlipný Sladký architekti.

"Thanks to the agreement with the investor Property N74, the new project will be based on the same principles of energy efficiency and a healthy indoor environment that we have been applying to residential construction," the company’s owner, Jan Řežáb told local daily E15. Property N74 is backed by Czech investors with whom the developer has long been cooperating.

Viadukt Anděl has already received its final zoning permit and JRD plans to start construction this autumn. However, given the current market situation, it will not build speculatively. The developer has brought in consultancy firm JLL to negotiate commercial space leases.




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New leases

  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.
  • Gaya Studios has 190 sqm in Green Gate office complex, in a deal brokered by Rustler Romania.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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